Why is Citizen Infoline falling/rising?

As of 20-October, Citizen Infoline Ltd's stock price is rising, currently at Rs. 240.00, reflecting an increase of Rs. 4.65 or 1.98%. The stock has been on an upward trend, gaining for the last 13 consecutive days and achieving a remarkable 29.17% return during this period. It reached a new 52-week and all-time high of Rs. 240.05 today and opened with a gain of 2%. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, investor participation has surged, with delivery volume increasing by 264.56% compared to the 5-day average, contributing positively to the stock's performance.
In the broader market context, Citizen Infoline's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 2.47% over the past week. Over the last month, the stock has risen by 16.79%, while the Sensex has gained just 2.10%. This stark contrast highlights the stock's strong relative strength and investor confidence, particularly in light of its impressive year-to-date return of 949.87% compared to the Sensex's 7.97%. Overall, the combination of consistent gains, high trading volume, and favorable moving averages suggests a robust upward trajectory for Citizen Infoline Ltd.